SECURITIES & EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) December 14, 1998
Exact Name of Registrant as Specified in Charter:
NTC HOLDINGS, INC.
State of Other Jurisdiction of Incorporation:
NEW YORK
Commission File Number: 2-094704-NY
IRS Employer Identification Number: 11-2647209
Address and Telephone Number of Principle Executive Offices:
4505 SOUTH WASATCH BOULEVARD #330
SALT LAKE CITY, UTAH 84121
(801) 359-9300
Item 4. Changes in Registrant's Certifying Accountants.
Robert Lipkint was previously the principle accountant for NTC Holdings, Inc.
On December 14, 1998, the Board of Directors approved the engagement of the
firm of Crouch, Bierwolf & Chisholm to replace Robert Lipkint who declined to
stand for reelection as the Certifying Accountant for the Company.
In connection with the audit of the previous fiscal year ended September 30,
1997, there were no disagreements with Robert Lipkint on any matter of
accounting principle or practices, financial statement disclosure, or auditing
scope or procedures, which disagreements if not resolved to their
satisfaction would have caused them to make reference in connection with their
opinion to subject matter of the disagreement, and said firm has not advised
the registrant of any reportable events.
The accountant's report of Robert Lipkint on the financial statements of NTC
Holdings, Inc. as of September 30, 1997 and for the year ended did not contain
any adverse opinion or disclaimer of opinion, nor were they qualified as to
uncertainty, audit scope, or accounting principles.
Item 7. Exhibits
Exhibit No. Description Page
16.1 Letter of Change 3
in Accoutants
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
NTC Holdings, Inc.
/s/ Dean H. Becker
President and Director
Date: December 15, 1998
ROBERT LIPKINT
December 15, 1998
Securities & Exchange Commission
Washington, D.C.
Gentlemen:
I have been furnished with a copy of the response to Item 4 of the Form 8-K
for the event that occurred on December 14, 1998 filed by our former client,
NTC Holdings, Inc. I agree with the statements made in response to that item
insofar as they relate to my firm.
Sincerely,
/s/ Robert Lipkint